Shadee Corporation expects to sell $600$ sun shades in May and $340$ in June. Each shade sells for $$151.$ Shadee$$s beginning and ending finished goods inventories for May are $70$ and $60$ shades, respectively. Ending finished goods inventory for June will be $50$ shades.

E$8-9($Algo$)$ Preparing Selling and Administrative Expense Budget $[$LO $8-3$g$]$

Each shade requires a total of $$60\mathrm{.}00$ in direct materials that includes $4$ adjustable poles that cost $$10\mathrm{.}00$ each. Shadee expects to have $120$ in direct materials inventory on May $1,90$ poles in inventory on May $31,$ and $100$ poles in inventory on June $30.$

Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $$13$ per hour. Additionally, Shadee$$s fixed manufacturing overhead is $$10,000$ per month, and variable manufacturing overhead is $$10$ per unit produced.

Additional information:

Selling costs are expected to be $11$ percent of sales.

Fixed administrative expenses per month total $$1,500.$

Required:

Prepare Shadee$$s selling and administrative expense budget for May and June.!

Required Information

SB Exerclse E$8-5$ to E$8-10$

$[$The following information applies to the questions d$/$splayed below.$]$

Shadee Corporation expects to sell $600$ sun shades In May and $340$ in June. Each shade sells for $$151.$ Shadee's

beginning and ending finished goods Inventorles for May are $70$ and $60$ shades, respectlvely. Ending finished goods

Inventory for June will be $50$ shades.

E$8-9($Algo$)$ Preparing Selling and Administrative Expense Budget $[$LO $8-3$g$]$

Each shade requires a total of $$60\mathrm{.}00$ in direct materlals that includes $4$ adjustable poles that cost $$10\mathrm{.}00$ each. Shadee expects to

have $120$ In direct materlals Inventory on May $1,90$ poles In Inventory on May $31,$ and $100$ poles In Inventory on June $30.$

Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $$13$ per hour. Additionally, Shadee's

fixed manufacturing overhead is $$10,000$ per month, and varlable manufacturing overhead is $$10$ per unit produced.

Additional Information:

Selling costs are expected to be $11$ percent of sales.

Fixed administrative expenses per month total $$1,500.$

Required:

Prepare Shadee's selling and administratlve expense budget for May and June.

Note: Do not round your Intermedlate calculations. Round your answers to $2$ decimal places.